How do you know if IRS tags you as a dealer. Every information out there is only talking about the differences between a dealer and investor. No one is really talking about the actual process. How do you know your cur...
I'm trying to close on a commerical refi cash out bridge loan with a lender when I found the following 2 questionable clauses.I asked the lender to remove them but he insisted that it was for the purpose of making sur...
Hi everyone,
I have a few questions regarding the tax implications of flipping a property in Florida:
1. What are the differences in tax rates if I hold the property for less than one year versus more than one year?...
What is the condo/hotel market generally like in Orlando. I'm investigating purchasing a unit, and my main experience is here in Las Vegas. Here it is nearly impossible to get financing for one, and the rental dem...
I work full time for a property management company as a property manager and was recently offered an opportunity to work in corporate. My job title would change to "Systems Manager" or something similar. I also hold a...
I had a tenant turnover this month, and the unit is going up $200 a month. I have another turnover Nov 1 in another unit and that unit is going up $100 a month, then January 1 the rents are going up in my other 4 unit...
I bought some land and may just happen to flip it for a profit. (sell it less than a year) Will it still be eligible for a 1031 exchange? And if the property I sell is in Oregon and the equity or profit at that point ...
Can anyone provide information on new construction to perm financing for the purpose of renting the property. I already own the land and I am not going to live at the residence. All the lenders I have contacted just ...
So a piece of property in terms of capital or ordinary treatment, relies heavily on the items intended use in the taxpayer's hand.It can turn an otherwise capital gain into an ordinary one. It may even disallow previo...
I will be renting out my current primary home in about 1 yr. and need to do the landscaping. Most of it is to create better drainage away from the structure to protect foundation and some is for better curb appeal and...